Associate Underwriter

About the role

ProAg is looking for an Associate Underwriter to join our remote team. This position is responsible for reviewing annual policy documents to ensure adherence to federal and company guidelines. Our underwriting staff builds meaningful, long-lasting relationships with agents and serves as a subject matter expert for internal and external customers.

Responsibilities

• Review policy information for crop insurance coverage, proper rating, and other details to determine if the application is acceptable for the available program or selected coverage.
• Contact and respond to verbal and written inquiries from brokers within a designated timeframe to provide appropriate information and serve as an underwriting resource.
• Verify rates of policies or check previously rated policies for proper rating using tools such as the Risk Management Agency (RMA) and ProAg quoting applications.
• Utilize knowledge of automated underwriting and/or processing systems to develop information for new or renewal policies.
• Prepare quotations for agents and answer questions from agents, policyholders, or prospects.
• Adhere to all company underwriting authority directives, underwriting guidelines, and other applicable company policies and procedures.
• Request additional documentation necessary for the processing of an application, endorsement, or cancellation.
• Approve or deny applications within given authority or recommend approval or denial to higher authority.
• Review requests for cancellation, endorsements, etc.
• Analyze and research detailed policy information related to Federal Crop Insurance Corporation (FCIC) error resolution and resolve any uncleared items.
• Read and interpret FCIC documents.
• Analyze and revise acreage reports.
• Respond to common inquiries from RMA and RSOs.
• Ensure compliance with organization policies and government regulations, including all deadlines associated with sales closing dates (SCDs), acreage reporting dates (ARDs), production reporting dates (PRDs), accounting cutoffs, and fund designations.
• Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and remain abreast of industry trends.
• Serve as a resource to other departmental staff regarding underwriting procedures and other departmental guidelines.
• Develop an understanding of various factors that affect and influence policy rating and risk.
• Assist with data entry as needed.
• Attend required training sessions.

Requirements

• A minimum of two years of relevant and progressive professional experience.
• Previous agriculture or crop insurance industry experience preferred.
• A bachelor’s degree in Agriculture, Business Administration, or a related field, or the equivalent education and/or experience.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.

Benefits

• Competitive salary and comprehensive benefit package.
• Strong learning culture with ongoing development opportunities.
• Opportunities for growth and career advancement.
• Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment.
• Basic life and disability insurance.
• 401(k) plan with 6% company match.
• 20 days of PTO, three floating holidays, approximately 10 paid holidays, and volunteer time off.
• Paid parental leave.
• Access to an award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription.
• Student loan matching program.
• Employee discount program.

Pay

The pay range for this position is $49,500 - $80,000, which includes geographic adjustments where applicable.

About the company

ProAg, a member of the Tokio Marine HCC group of companies, is a financially strong and well-capitalized insurer with an AM Best rating of A++. With 100 years of service to our agents and insureds, we stand committed to the principles ProAg was founded on: Integrity, Loyalty, and Customer Service. Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. As part of the Tokio Marine Group, we offer important insurance products that enable our clients to do amazing things.